Getin Noble Bank S.A. provides various banking products and services to individual clients, small and medium-sized enterprises, local governments, housing associations, and corporations in Poland.
Mediocre balance sheet and overvalued.
Share Price & News
How has Getin Noble Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GNB has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GNB underperformed the Polish Banks industry which returned -44.2% over the past year.
Return vs Market: GNB underperformed the Polish Market which returned -17.3% over the past year.
Price Volatility Vs. Market
How volatile is Getin Noble Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StIs Getin Noble Bank S.A.'s (WSE:GNB) CEO Paid Enough Relative To Peers?
6 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The Getin Noble Bank S.A.'s (WSE:GNB) Shareholder Register?
9 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Getin Noble Bank S.A. (WSE:GNB)?
Is Getin Noble Bank undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GNB's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GNB's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GNB is unprofitable, so we can't compare its PE Ratio to the Banks industry average.
PE vs Market: GNB is unprofitable, so we can't compare its PE Ratio to the Polish market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GNB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GNB is good value based on its PB Ratio (0.1x) compared to the PL Banks industry average (0.6x).
How is Getin Noble Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Getin Noble Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of GNB’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Getin Noble Bank competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Banks industry.
How has Getin Noble Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GNB is currently unprofitable.
Growing Profit Margin: GNB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GNB is unprofitable, and losses have increased over the past 5 years at a rate of -52.4% per year.
Accelerating Growth: Unable to compare GNB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GNB is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-8.4%).
Return on Equity
High ROE: GNB has a negative Return on Equity (-22.97%), as it is currently unprofitable.
How is Getin Noble Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: GNB's Assets to Equity ratio (21.7x) is very high.
Allowance for Bad Loans: GNB has a low allowance for bad loans (66%).
Low Risk Liabilities: 90% of GNB's liabilities are made up of primarily low risk sources of funding.
Loan Level: GNB has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: GNB's Loans to Deposits ratio (90%) is appropriate.
Level of Bad Loans: GNB has a high level of bad loans (17.1%).
What is Getin Noble Bank current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GNB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GNB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GNB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GNB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GNB's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Artur Klimczak has been President of the Management Board at Getin Noble Bank S.A. since June 20, 2017 and serves as its Chief Executive Officer. Mr. Klimczak served as Acting President of the Manageme ...
CEO Compensation Analysis
Compensation vs Market: Artur's total compensation ($USD1.22M) is above average for companies of similar size in the Polish market ($USD170.91K).
Compensation vs Earnings: Artur's compensation has increased whilst the company is unprofitable.
|President of the Management Board & CEO||3.17yrs||zł4.86m||no data|
|Member of the Management Board||9.75yrs||zł1.36m||no data|
|Member of the Management Board||2.83yrs||zł1.73m||no data|
|Member of the Management Board||2yrs||zł1.48m||no data|
|Member of the Management Board||1.67yrs||zł958.00k||no data|
|Member of the Management Board||1.58yrs||zł961.00k||no data|
|Director of the Accounting Department||no data||no data||no data|
Experienced Management: GNB's management team is considered experienced (2.4 years average tenure).
|Independent Member of the Supervisory Board||5.17yrs||zł217.00k||no data|
|Independent President of the Supervisory Board||8.5yrs||zł27.00k||8.44% PLN23.8m|
|Member of the Supervisory Board||8yrs||zł96.00k||no data|
|Independent Member of the Supervisory Board||2.75yrs||zł187.00k||no data|
|Member of the Supervisory Board||2yrs||zł122.00k||no data|
Experienced Board: GNB's board of directors are considered experienced (5.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Getin Noble Bank S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Getin Noble Bank S.A.
- Ticker: GNB
- Exchange: WSE
- Founded: 2004
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: zł282.029m
- Shares outstanding: 1.04b
- Website: https://www.gnb.pl
Number of Employees
- Getin Noble Bank S.A.
- ul. Przyokopowa 33
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GNB||WSE (Warsaw Stock Exchange)||Yes||Common Bearer Shares||PL||PLN||Jan 2012|
|0QA0||LSE (London Stock Exchange)||Yes||Common Bearer Shares||GB||PLN||Jan 2012|
Getin Noble Bank S.A. provides various banking products and services to individual clients, small and medium-sized enterprises, local governments, housing associations, and corporations in Poland. It offers retail banking products, such as deposit products, investment products, and retail loans, as well as financial services under the Getin Bank brand name; and private banking, real estate and investment consulting, legal and tax support, and art banking services under the Noble Bank brand name. The company also creates and manages investment funds under the Noble Funds brand name. In addition, it offers financial instruments – brokerage related to the securities and commodities markets, customized investment opportunities, and services related to shares issues under the Noble Securities brand name; various assistance services under the Noble Concierge brand name; and online banking services. Further, the company provides money saving, investment portfolio management, financial and credit intermediation, savings, insurance, and personal finance services. It operates approximately 400 branches and franchise units. Getin Noble Bank S.A. was founded in 2004 and is based in Warsaw, Poland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/04 20:53|
|End of Day Share Price||2020/07/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.